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PR: World Blockchain Forum Brings Global Blockchain Elite to Dubai

February 16, 2018 |

World Blockchain Forum Dubai

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.

Dubai, UAE

Following the historic response to sister event The North American Bitcoin Conference, held in Miami earlier this year, Keynote has released details of their World Blockchain Forum in Dubai, 16th and 17th April.

Known as a global centre for innovation and investment opportunity, Dubai provides an inspirational backdrop for the 3rd annual World Blockchain Forum. Visionary leaders, economic pioneers and enterprising investors from around the world will come together for one of the most exclusive events on the global blockchain calendar.

As the longest-running crypto-technology conference in Dubai, WBF will delve into the innovative possibilities of blockchain technology, the impact of cryptocurrencies on global financial markets and the shifting landscape of ICOs.

With more than 500 Bitcoin and blockchain innovators and investors expected to attend, WBF – Dubai builds on the success of similar events in London, Los Angeles and Chicago as part of the World Blockchain Forum. The two-day event focuses on the future of finance and investment, successful past and future ICOs, regulation & governance, and considers how decentralization continues to disrupt the banking sector.

“We are thrilled to host another meeting of brilliant minds in the heart of the UAE and look forward to welcoming leaders of the crypto community from around the globe. Since 2015 we have been committed to bringing more companies and dedicating more resources to the UAE, to bring His Highness Sheikh Hamdan’s blockchain strategy and vision to life,” said Moe Levin, Founder and CEO of Keynote.

World Blockchain Forum Program Details
Held at the stunning Madinat Jumeirah overlooking the Gulf, this year’s internationally-acclaimed event speakers look at the ways in which vanguards, executives, and entrepreneurs can innovate the future of a new world economy.

Past WBF Speakers include:
Vitalik Buterin – Co-founder, Ethereum
H.E. DR. Aisha Bin Bishr – Director General at Smart Dubai
Patrick Byrne – CEO, Overstock & t0
Star Xu, CEO – OKCoin
Roger Ver – CEO, Bitcoin.com
Eva Kaili – Greece, Member of European Parliament
Charlie Shrem – Bitcoin Pioneer
Gabriel Abed – Founder, Bitt
Ola Oudin – CEO, BitOasis
Gabriel Kurman – Co-founder, RSK Labs
Ryan Taylor- CEO, Dash Core
Jason King – Co-founder, Academy
Moe Levin – Founder, Keynote
Ruslan Gavrilyuk – Co-founder, Taas.fund

For a full list of speakers visit: https://dubai.keynote.ae/speakers/
Tickets can be purchased at: dubai.keynote.ae/tickets/

About Keynote
Keynote was launched in 2012 by blockchain strategist Moe Levin. For further information and details about Keynote and the WBF – Dubai event, visit dubai.keynote.ae

For media inquiries, please contact Amandah Hendricks, Keynote’s Chief of Communications at amandah@keynote.ae

Contact Email Address
amandah@keynote.ae
Supporting Link
dubai.keynote.ae

This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

The post PR: World Blockchain Forum Brings Global Blockchain Elite to Dubai appeared first on Bitcoin News.

Bitcoin News

Dubai Issues License to Cryptocurrency Firm

February 13, 2018 |

Dubai Issues License to Cryptocurrency Firm

The largest free economic zone in the UAE, with zero percent personal and corporate income tax, has started issuing licenses to firms trading cryptocurrencies. The first license has been issued to a gold trader that has recently started offering cryptocurrency services.

Also read: Japan Cracks Down on Foreign ICO Agency Operating Without License

Attracting Crypto Businesses

UAE’s Largest Free Economic Zone Issues License to Cryptocurrency FirmThe Dubai Multi Commodities Centre (DMCC) is a government entity established in 2002 to enhance commodity trade flows through Dubai. DMCC Free Zone is the largest and fastest growing free economic zone in the UAE.

“We perform a range of roles which continue to position Dubai as the preferred destination for global commodities trade and DMCC as the world’s No.1 Free Zone,” offering zero percent personal and corporate income tax, the center’s website states. Today, more than 14,100 multinational corporations and startups call DMCC home, with almost 90,000 people living and working there.

UAE’s Largest Free Economic Zone Issues License to Cryptocurrency FirmThe Centre has started issuing licenses to allow firms trading in cryptocurrencies to operate from its free zone, Thomson Reuters Zawya reported on Monday.

DMCC’s executive director for commodities, Sanjeev Dutta, told the publication that the Centre is “beginning to facilitate” a market in cryptocurrencies which, he acknowledged, is unregulated. Citing that firms looking to set up in the zone would be considered on a “case-by-case” basis, he elaborated:

To me, what is important is the fact that you are still evaluating it as part of your innovation strategy. You are not saying ‘no’ to something. You are not saying ‘yes’ either, but you are exploring, so you are clearly ahead of the others when the time to make a decision comes.

Cryptocurrencies as Commodities

DMCC is a member of the Global Blockchain Council, which began as a Dubai Smart City project and has 46 member organizations globally today. The Centre’s director of innovation hub, Franco Bosoni, said that a global consensus is emerging which favors classifying cryptocurrencies as commodities, the news outlet detailed and quoted him explaining:

DMCC’s view is that these [cryptocurrencies] meet the test of a commodity. They’re priced based on supply and demand, produced and sold globally at a uniform quality and (are) indistinguishable between products.

Wai Lum Kwok, head of capital markets for Abu Dhabi Global Markets Regulatory Authority, told the publication on Sunday that the regulator is “reviewing and considering the development of a robust, risk-appropriate regulatory framework” for crypto exchanges and intermediaries. Emphasizing that no timeframe has been set, he added:

As we develop our framework, we will also want to check in and have the conversations with, for example, US regulators, Japanese regulators and so on and so forth, so that there is some alignment of approach to avoid any regulatory arbitrage.

First License Issued

UAE’s Largest Free Economic Zone Issues License to Cryptocurrency FirmThe first license for the Free Zone reportedly went to Regal Assets, a gold trader and storage provider with offices in the US, Canada, and the UAE. The company added cryptocurrencies to its product line at the end of last year, offering brokerage services and an insured, high-security cold storage service for bitcoin, ether, bitcoin cash, ethereum classic, ripple, and dash.

According to Bloomberg, “Dubai gold trader Regal RA DMCC is the first company in the Middle East to get a license to trade cryptocurrencies.” The news outlet quoted DMCC acknowledging in a statement, “The company will offer storage of bitcoin, ethereum and other cryptocurrencies in a vault located in DMCC headquarters in Almas Tower in Dubai.”

DMCC Executive Chairman Ahmed Bin Sulayem was quoted by the publication, “At the heart of DMCC’s long-term strategic growth plan is the use of technology and innovation to disrupt and connect new markets, industries and customers,” adding that “the announcement today embodies this approach.”

Do you think more crypto companies will move to this free economic zone? Let us know in the comments section below.


Images courtesy of Shutterstock and DMCC.


Need to calculate your bitcoin holdings? Check our tools section.

The post Dubai Issues License to Cryptocurrency Firm appeared first on Bitcoin News.

Bitcoin News

Emirates airline buys 40 Boeing Dreamliners for $15 billion as Dubai Air Show opens

November 12, 2017 |

The biennial Dubai Air Show opened Sunday with hometown long-haul carrier Emirates making a $ 15.1-billion buy of American-made Boeing 787-10 Dreamliners, as the world’s biggest defense companies promoted their weapons amid heightened tensions between Saudi Arabia and Iran.

Other airlines also are…


L.A. Times – Business

Tourist Will Go to Jail for Brushing Man’s Hip at Dubai Bar

October 22, 2017 |

A Scottish tourist says he was just trying not to spill his drink while at a Dubai bar, and he’ll spend time in jail for it. The BBC reports Jamie Harron, 27, was handed a 3-month sentence for touching a man’s hip, something Harron says happened while he was walking…
Newser

TMZ

Meek Mill Shows Off New Girlfriend Partying in Dubai (VIDEO)

May 20, 2017 |

Meek Mill’s moved on from Nicki Minaj to another hot chick — looks like he’s got a type. The rapper showed off his new girlfriend — Nessa Colombiana — in a few vids of them partying Friday night in Dubai. Meek’s there with Nessa for Arab…

TMZ.com

TMZ

Kim Kardashian Lets Loose in Dubai (VIDEO)

January 13, 2017 |

Kim Kardashian is worry-free in Dubai — with lax security and a fair amount of cleavage. Kim strolled through Atlantis hotel Thursday and for the first time in months, her security team was further than an arm’s length from her. She’s lost the…

TMZ.com

TMZ

Kim Kardashian Off to Dubai Now that Alleged Robbers were Caught (VIDEO)

January 11, 2017 |

Kim Kardashian says the coast is now clear because cops in France have nabbed a bunch of people who allegedly robbed her … so she’s off to Dubai. Kim breezed through LAX with Scott Disick and 4 security guards for the 16 hour flight. As for why…

TMZ.com

Dubai could be the first country to hop on Hyperloop One’s global shipping train

August 16, 2016 |

Jebel Ali port is located thirty-five kilometres southwest of Dubai, in the Arabian Gulf.Port Jebel Ali was constructed in the late 1970s to supplement the facilities at Port Rashid. The village of Jebel Ali was constructed for port workers, and it has a population of 300 people. Covering over 134 square kilometers (52 sq mi), Port Jebel Ali is the biggest man-made harbor in the world and the biggest Middle East port. It is home to over five thousand companies from 120 countries of the world. With 67 berths and a size of 134.68-square-kilometer (52.00 sq mi), Jebel Ali is the world's largest man-made harbour and the biggest port in the Middle East. Hyperloop One tells TechCrunch it might be building its crazy fast transportation system at the Jebel Ali port in Dubai if all goes according to plan.
And it could be the first place to build an actual Hyperloop for commercial use, says CEO Rob Lloyd. “It’s got the infrastructure, regulatory movement and kind of capital in place needed to build it already,” he told… Read More
TechCrunch

TMZ

Gigi Gorgeous — Dubai Won’t Let Me In Because I’m Transgender

August 10, 2016 |

Gigi Gorgeous, a transgender model and Kylie Jenner’s BFF, is being detained at the Dubai airport because she used to be a man. Gigi, who became famous for documenting her transition on social media, tells TMZ she was stopped…

TMZ.com

The Delphina Foundation’s Art Dubai 2016 Wedding Project Dinners Were A Tour-De-Force Of Emotion

March 24, 2016 |

The Wedding Project, Courtesy of Delfina Foundation and Art Dubai Commissioned By Art Dubai projects, The Delphina Foundation’s The Wedding Project, a week long series of private dinners held at the Jumeirah Hotel, was one of the highlights of the Art Dubai 2016 calendar. Concievedby the director of the DelphinaFoundation Aaron […]
Forbes Real Time